Emergen Research has published a novel research report titled, “Global Catalyst Market Forecast to 2030”. The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Catalyst Market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
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The global catalyst market size was USD 39.0 Billion in 2021 and is expected to register a revenue CAGR of 4.3% during the forecast period. Increasing demand from the automobile industry due to shifting energy demands for alternative fuels including biodiesel, rising demand for petroleum refined products, petrochemicals, and chemical synthesis, as well as increasing demand for catalysts enabling conversion of bio-derived feedstock into industrially relevant chemicals, thus helping in maintaining bioeconomy are major factors driving market revenue growth.
All petrochemical plants and refineries are built around catalytic processes. With ongoing technological advancements in catalyst manufacture, optimization, and enhanced operational efficiency, the global market for catalysts is rising. This pattern is particularly evident in the refining industry, where usage of catalytic procedures is continuously expanding. As the need for polyolefins, polyesters, and polyurethanes rises, so will demand for catalysts for synthesis of petrochemicals and polymers. Clariant offers customized solutions for major petrochemical building blocks such as ethylene, propylene, butadiene, and styrene. These catalysts provide excellent performance needed to prevail in this fiercely competitive sector. In the area of on-purpose olefin production, Houdry propane dehydrogenation and Methanol-To-Propylene (MTP) catalysts are in the forefront.
The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Catalyst market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.
Companies profiled in the global Catalyst market:
Dow Chemical Company, BASF SE, Evonik Industries AG, Clariant AG, DuPont, Exxonmobil Corporation, Johnson Matthey, Albemarle Corporation, Cue Energy Resources Ltd, and Apache Corporation.
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The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Emergen Research has segmented the global catalyst market based on type of raw material, application and region:
Type Outlook (Revenue, USD Billion; 2019-2030)
- Heterogeneous Catalysts
- Homogeneous Catalysts
Type of Raw Material Outlook (Revenue, USD Billion; 2019-2030)
- Metals
- Chemical Compounds
- Zeolites
- Organometallic Materials
- Others
Application Outlook (Revenue, USD Billion; 2019-2030)
- Petroleum Refining
- Chemical Synthesis
- Polymer Catalysis Petrochemicals
- Environmental
- Others
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
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Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
Regional Outlook of Catalyst Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Key Features of the Catalyst Market Report:
The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
Evaluation of key current and emerging market trends and growth prospects
It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
Brief overview of industry with regards to research and development, technological advancements, and product development
In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
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